Your one stop shop for commercial real estate loans
So, you’ve decided to buy commercial property for your small business. That’s great! There are many benefits to owning rather than leasing, including flexibility, fixed costs, equity, and property control. Now, of course, the question is how to finance your purchase. PRC offers all available financing options and can match you to thousands of loan programs immediately. Let PRC Find the Best Possible Commercial Real Estate Loan Option for You! 877-350-9416
Commercial Real Estate Loan Programs
SBA 504 Loans
When a business gets an SBA loan to purchase commercial real estate, a portion of the loan is guaranteed by the government. SBA 504 loans are designed to finance owner-occupied properties.
With an SBA 504 loan, expect big savings and the ability to purchase, refinance, construct, expand, or improve your commercial real estate.
SBA 7a Loans
Another option to purchase commercial real estate is an SBA 7(a) loan. These loans are guaranteed by the the U.S. Small Business Administration and provide long-term financing solutions. These SBA loans offer fixed or variable rates.
An SBA 7a loan can be used to purchase, refinance, construct, or renovate commercial property you intend on occupying at least 51%.
The simple truth is, qualifying for an SBA loan is tough, and not everyone makes the cut. The requirements of an SBA loan can prove too rigid. For these owners, a conventional loan may be the better option.
PRC Commercial Real Estate Loans offers conventional financing with multiple options for any creditable financing request.